The sentencing of Caroline Ellison, who was involved in propping up FTX and Alameda Research, was overshadowed by the spectre of her former boss and ex-boyfriend, Sam Bankman-Fried. Despite Bankman-Fried’s absence from the hearing, much of the discussion revolved around his conduct and Ellison’s relationship to him. Assistant U.S. Attorney Danielle Sassoon contrasted Ellison’s remorse with Bankman-Fried’s lack thereof, emphasizing that she was merely carrying out his orders. Anjan Sahni, Ellison’s lawyer, painted a picture of Ellison’s life revolving around Bankman-Fried and highlighted her vulnerability to his influence. Even Judge Lewis Kaplan referenced Bankman-Fried, noting that he had Ellison’s “kryptonite.” Despite the judge’s praise for Ellison’s cooperation, she was ultimately sentenced to two years in prison.
Latest
The Spectre of Sam Bankman-Fried Overshadowed Caroline Ellison’s Sentencing
